The Fall and Rise of American Finance : from J.P. Morgan to Blackrock
Book Details
Format
Paperback / Softback
ISBN-10
1839765267
ISBN-13
9781839765261
Publisher
Verso Books
Imprint
Verso Books
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Feb 13th, 2024
Print length
272 Pages
Weight
306 grams
Dimensions
15.20 x 23.30 x 1.90 cms
Ksh 3,800.00
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How Wall Street concocted a more volatile and dangerous capitalism
<i>The Fall and Rise of American Finance</i> traces the collapse and reconstitution of American financial power from the disintegration of robber baron J. P. Morgan’s vast empire to the rise of finance behemoth BlackRock. Contrary to what is taken for common sense by figures from Hillary Clinton to Bernie Sanders, Maher and Aquanno insist that financialization did not imply the hollowing out of the "real" economy or the retreat of the state. Rather, it served to intensify competitive discipline to maximize efficiency, profits, and the exploitation of labor—with the support of an increasingly authoritarian state.
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